801-1 Blanche Lane, Markham, ON

Cornell, Markham · MLS® N14031764

$568,000
For Sale
Listed 5 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Modern 2 Bedroom, 2 Full Bathroom Condo Townhome [1,037 Sq Ft] In The Desirable Cornell Markham.
  • Featuring a Functional Open Concept Layout in Lower Level with Large Floor-to-Ceiling Windows for Natural Light, Laminate Flooring Throughout, Upgraded Pot Lights And...
  • Includes 1 Underground Parking And 1 Storage Locker.
  • Conveniently Located Close To Hwy 7, Hwy 407, Schools, Parks, Public Transit, GO Transit, Markham Stouffville Hospital, Cornell Community Centre, Library, Markville...

Incredible Value! Modern 2 Bedroom, 2 Full Bathroom Condo Townhome [1,037 Sq Ft] In The Desirable Cornell Markham! Corner Unit with Unobstructed Views for Added Privacy Away from the Busy Main Road. Conveniently Located for Easy Access to Underground Parking & Street Parking for Visitors! Featuring a Functional Open Concept Layout in Lower Level with Large Floor-to-Ceiling Windows for Natural Light, Laminate Flooring Throughout, Upgraded Pot Lights And A Walk-Out To A Private Patio - Great for Outdoor Entertaining. Includes 1 Underground Parking And 1 Storage Locker. Enjoy Exceptional Value With Maintenance Fees That Include High-Speed Internet, Snow Removal, Garbage Removal, Lawn Care And Building Exterior Maintenance. Conveniently Located Close To Hwy 7, Hwy 407, Schools, Parks, Public Transit, GO Transit, Markham Stouffville Hospital, Cornell Community Centre, Library, Markville Mall, Shopping, And Everyday Amenities. An Excellent Opportunity For First-Time Homebuyers, Renters, Downsizers, Or Investors Seeking A Well-Located Home In Desirable Markham Community. Don't Miss This Great Opportunity!

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
N14031764
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
9th Line / Hwy 7
Parking
1 garage (underground)
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$311/mo
Exposure
East
Property tax
$2,861 / 2026
Days on market
5
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Primary BedroomFlat3.00 × 3.35 m

laminate · 3 pc ensuite · walk-in closet(s)

Bedroom 2Flat2.64 × 3.43 m

laminate · closet

Dining RoomFlat3.65 × 5.94 m

laminate · combined w/living · pot lights

KitchenFlat2.00 × 3.53 m

ceramic floor · stainless steel appl · pot lights

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Cornell, Markham, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Markham Village
$699K
Old Markham Village
$699K
Greensborough
$861K
Unionville
$893K
German Mills
$890K

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,589/mo
$116KIncome needed
4.9×Price ÷ income
$597Weekly cost
$7,835Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

82%mortgage
Mortgage $2,589Property tax $238Condo fee $311Total carry $3,138

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,512per month

Mortgage amount $454,400 · 4.49% over 25 years

$113,600Down payment (20.0%)
$454,400Loan before insurance
$0CMHC premium
$3,062Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,512
Property tax
$238
Condo / maintenance fees
$311
Heating
$0
Estimated monthly cost
$3,062

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$7,835
Estimated closing costs
$7,835

Plus your down payment of $113,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,041/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$299,337Total interest paid
$753,737Total of all payments
Principal $454,400 Interest $299,337
YearPrincipalInterestBalance
1$10,140$20,009$444,260
2$10,601$19,549$433,659
3$11,082$19,067$422,577
4$11,585$18,564$410,992
5$12,111$18,038$398,881
6$12,661$17,488$386,220
7$13,236$16,914$372,984
8$13,837$16,313$359,147
9$14,465$15,684$344,682
10$15,122$15,028$329,560
11$15,809$14,341$313,751
12$16,526$13,623$297,225
13$17,277$12,873$279,948
14$18,061$12,088$261,887
15$18,881$11,268$243,006
16$19,738$10,411$223,268
17$20,635$9,515$202,633
18$21,572$8,578$181,062
19$22,551$7,599$158,511
20$23,575$6,575$134,936
21$24,645$5,504$110,291
22$25,764$4,385$84,526
23$26,934$3,215$57,592
24$28,157$1,993$29,435
25$29,435$714$0

At the end of your 5-year term

Total paid over the term
$150,747
Principal paid down
$55,519
Interest paid
$95,228
Balance remaining
$398,881

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
5.1%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

7.2%
Gross yield
− Property tax $2,861− Condo fees $3,733− Insurance $600− Vacancy & upkeep $4,488Net operating income $29,118

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

CallRequest a showing